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Cincinnati Global Underwriting Agency Ltd has provided updated forecasts for the open years of its managed syndicate as follows:
Syndicate 318
Year of account | Capacity | Updated Forecast | Previous Forecast | Change at |
2022 | 231,735 | 11.5% to 16.5% | 9.7% to 14.7% | 1.8 points better |
2023 | 298,739 | 18.7% to 23.7% | n/a | n/a |
Syndicate forecasts are expressed as a percentage of allocated capacity and are after all standard personal expenses but before members’ agents’ charges.